Question: t e) You bought a regular house which current value is 500,000. If the value of the house grows according to the formula where is

t e) You bought a regular house which current value is

t e) You bought a regular house which current value is 500,000. If the value of the house grows according to the formula where is a time variable equal to zero now and V =500,000+=+ +11 i 2 to one a year later. Assume that the interest rate is 4% per year with monthly compounding 1

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